Swiss National Bank Portfolio holdings
The Swiss National Bank (SNB), founded in 1907 and headquartered in Zurich with an office in Bern, is Switzerland’s central bank, responsible for conducting monetary policy, issuing the Swiss franc, and ensuring price stability, while uniquely managing a massive investment portfolio. Unlike most central banks, the SNB is a joint-stock company with shares traded on the SIX Swiss Exchange, owned roughly 55% by public entities like cantons and 45% by private investors, yet it operates independently under federal oversight. It holds over $800 billion in foreign currency reserves as of late 2024—invested in global equities, bonds, and gold—to manage the franc’s value, famously intervening in markets to prevent excessive appreciation, as seen with the 2015 abandonment of the euro peg. Led by Chairman Thomas Jordan until his planned exit in September 2024, the SNB balances its dual role as a monetary authority and a significant global investor, influencing both Swiss and international financial stability.
Top Buys
| 1 |
Apple
AAPL
|
$5.83B |
| 2 |
Tesla
TSLA
|
$989M |
| 3 |
Zoom
ZM
|
$96M |
| 4 |
Match Group
MTCH
|
$81.3M |
| 5 |
Peloton Interactive
PTON
|
$75.6M |
Top Sells
| 1 |
Microsoft
MSFT
|
$112M |
| 2 |
Amazon
AMZN
|
$73.4M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$52.8M |
| 4 |
Oracle
ORCL
|
$45.8M |
| 5 |
Meta Platforms (Facebook)
META
|
$40.5M |
Sector Composition
| 1 | Technology | 26.26% |
| 2 | Healthcare | 14.68% |
| 3 | Consumer Discretionary | 13.69% |
| 4 | Communication Services | 10.36% |
| 5 | Industrials | 8.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Regeneron Pharmaceuticals
REGN
$61.5B
| $319M | 0.25% | 570,122 +90,500 | +19% | +$50.7M |
|
77
Canadian National Railway
CNI
$60.4B
| $317M | 0.25% | 2,991,300 -49,500 | -2% | -$5.25M |
|
78
Caterpillar
CAT
$196B
| $314M | 0.25% | 2,106,842 -68,800 | -3% | -$10.3M |
|
79
Dominion Energy
D
$51.1B
| $311M | 0.24% | 3,944,336 -47,300 | -1% | -$3.73M |
|
80
Target
TGT
$43.6B
| $306M | 0.24% | 1,946,369 -57,700 | -3% | -$9.08M |
|
81
Zoetis
ZTS
$69.3B
| $306M | 0.24% | 1,848,648 -29,700 | -2% | -$4.91M |
|
82
TJX Companies
TJX
$152B
| $305M | 0.24% | 5,478,184 -96,000 | -2% | -$5.34M |
|
83
Altria Group
MO
$113B
| $305M | 0.24% | 7,883,550 -285,700 | -3% | -$11M |
|
|
84
Zoom
ZM
$24.4B
| $297M | 0.23% | 632,800 +204,200 | +48% | +$96M |
|
85
CVS Health
CVS
$92.8B
| $297M | 0.23% | 5,087,801 -70,100 | -1% | -$4.09M |
|
86
Southern Company
SO
$102B
| $296M | 0.23% | 5,451,119 -58,800 | -1% | -$3.19M |
|
87
Waste Management
WM
$91.2B
| $294M | 0.23% | 2,594,210 -36,800 | -1% | -$4.16M |
|
88
Fiserv
FI
$75.1B
| $292M | 0.23% | 2,832,735 -70,500 | -2% | -$7.27M |
|
89
Prologis
PLD
$106B
| $289M | 0.23% | 2,875,000 -46,500 | -2% | -$4.68M |
|
90
Equinix
EQIX
$76.9B
| $283M | 0.22% | 372,609 +6,500 | +2% | +$4.94M |
|
91
Elevance Health
ELV
$71.8B
| $283M | 0.22% | 1,053,207 -16,700 | -2% | -$4.49M |
|
92
Colgate-Palmolive
CL
$67.9B
| $282M | 0.22% | 3,657,473 -45,100 | -1% | -$3.48M |
|
93
T-Mobile US
TMUS
$284B
| $282M | 0.22% | 2,466,331 +83,027 | +3% | +$9.49M |
|
94
Automatic Data Processing
ADP
$123B
| $279M | 0.22% | 2,000,598 -35,000 | -2% | -$4.88M |
|
95
Becton Dickinson
BDX
$55.3B
| $276M | 0.22% | 1,187,321 +55,400 | +5% | +$12.9M |
|
96
Booking.com
BKNG
$181B
| $273M | 0.21% | 159,343 -2,900 | -2% | -$4.96M |
|
97
Progressive
PGR
$145B
| $262M | 0.2% | 2,762,606 -36,500 | -1% | -$3.46M |
|
98
Deere & Co
DE
$130B
| $256M | 0.2% | 1,156,882 -21,300 | -2% | -$4.72M |
|
99
Air Products & Chemicals
APD
$65.5B
| $256M | 0.2% | 859,702 -13,000 | -1% | -$3.87M |
|
100
Humana
HUM
$36.5B
| $250M | 0.2% | 603,012 -7,900 | -1% | -$3.27M |
|